Banks across the region are facing rising financial and operational risks as the frequency and severity of natural disasters continue to increase, prompting regulators and financial institutions to reassess their risk management frameworks. Extreme weather events such as floods, storms, Read More …
Tag: natural disasters
Natural disasters emerge as growing risk factor for banks
Uninsured losses of $32.94 billion in India due to natural disasters in five years: Swiss Re
Swiss Re has forecast that total insurance premiums in India will grow by 7.1 per cent in real terms, well above the global (2.4 per cent ), emerging market (5.1 per cent ) and advanced market (1.7 per cent ) Read More …